Ghosn is also charged with enriching himself through $5 million in payments to a Middle East car dealership. TOKYO – Carlos Ghosn concealed the scale of his compensation at Nissan because he feared the French government would force him out of Renault if it discovered how much he earned, an executive at the Japanese carmaker… Continue reading Ghosn hid scale of Nissan salary, fearing dismissal from Renault, Tokyo court told
Tag: Mitsubishi
Bus maker leads $310m funding for China self-drive startup WeRide
HONG KONG — Chinese autonomous vehicle startup WeRide has raised $310 million from bus maker Zhengzhou Yutong Group and several state-backed investors as Beijing rolls out new guidelines for testing self-driving cars. WeRide, backed by the alliance of Groupe Renault, Nissan Motor and Mitsubishi Motors, is among the front-runners in China’s rapidly growing autonomous vehicle sector. The… Continue reading Bus maker leads $310m funding for China self-drive startup WeRide
Tata Motors’ CEO’s term ends next month, no word on reappointment
Guenter Butschek, CEO and MD, Tata Motors MUMBAI/CHENNAI: The spotlight will be on Tata Motors’ CEO and MD Guenter Butschek whose five-year term comes to an end next month. There has been no word on whether the German, who has been managing the operations of Tata Group’s automobile flagship from Austria — where his family… Continue reading Tata Motors’ CEO’s term ends next month, no word on reappointment
Chinese self-driving startup WeRide closes Series B round at $310m
Chinese autonomous vehicle startup WeRide announced on Thursday the completion of its Series B2 and B3 rounds of financing, less than one month after the firm raised $200 million in a Series B1 round in late December. Guangzhou, China-based WeRide garnered a combined $310 million across the three tranches. Upon the completion of the Series… Continue reading Chinese self-driving startup WeRide closes Series B round at $310m
Groupe Renault Decides to Establish a Joint Venture with Plug Power to Develop Its First Fuel Cell Electric Vehicle
Groupe Renault has decided to enter the global fuel cell electric vehicle (FCEV) market starting with commercial vehicle rather than passenger car.To develop its own FCEV, it has decided to establish a joint venture with “Plug Power” that recently received an investment from SK Group and work on R&D together. SK Holdings and SK E&S… Continue reading Groupe Renault Decides to Establish a Joint Venture with Plug Power to Develop Its First Fuel Cell Electric Vehicle
@Mitsubishi: Mitsubishi Motors Is Redefining In-Vehicle Garage Control With myQ Connected Garage
The technology will debut on the 2022 Mitsubishi Eclipse Cross, the brand’s sporty design and technology-forward compact SUV. A new 8-inch smartphone-link display audio (SDA) system comes standard on the Eclipse Cross, giving the driver better access to and control of features available through the My Mitsubishi Connect app, including myQ Connected Garage. The technology… Continue reading @Mitsubishi: Mitsubishi Motors Is Redefining In-Vehicle Garage Control With myQ Connected Garage
Eyeris and Texas Instruments Collaborate to Introduce Industry’s First In-cabin Sensing AI Solution Using TI’s Jacinto™ TDA4 Processor and RGB-IR Image Sensors at CES2021
LAS VEGAS, Jan. 11, 2021 /PRNewswire/ — Eyeris Technologies, Inc., a world leader in vision AI for in-cabin sensing, today announced its collaboration with Texas Instruments (TI) on an industry-first in-cabin sensing AI solution, using TI‘s Jacinto™ TDA4 processors and 2D RGB-IR image sensors, at the Consumer Electronics Show (CES) 2021. D3 Engineering designs products and integrates… Continue reading Eyeris and Texas Instruments Collaborate to Introduce Industry’s First In-cabin Sensing AI Solution Using TI’s Jacinto™ TDA4 Processor and RGB-IR Image Sensors at CES2021
@Mitsubishi: Mitsubishi Motors Reports Fourth Quarter, Full Calendar Year 2020 Sales
Through the bulk of 2020, MMNA concentrated efforts on supporting its dealer partners across the country with COVID protocols, to assist in protecting employees and customers. But a key part of the company’s year-long effort was to focus on improving the overall and long-term health of the franchise dealer network and Mitsubishi Motors business by… Continue reading @Mitsubishi: Mitsubishi Motors Reports Fourth Quarter, Full Calendar Year 2020 Sales
Nissan Motor to reduce presence in Europe as part of turnaround plan: Yomiuri
By Reuters Staff 2 Min Read FILE PHOTO: The logo of Nissan Motor Corp. is displayed the company’s showroom in Tokyo, Japan November 11, 2020. REUTERS/Issei Kato TOKYO (Reuters) – Nissan Motor is planning to further reduce its presence in Europe and outsource the sales and manufacturing of its cars to alliance partner Renault, the… Continue reading Nissan Motor to reduce presence in Europe as part of turnaround plan: Yomiuri
@Mitsubishi: MITSUBISHI MOTORS Starts First Overseas Production of OUTLANDER PHEV in Thailand
TOKYO, Dec 23, 2020 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) started local production of the OUTLANDER PHEV, a plug-in hybrid EV (PHEV), at the Laemchabang Factory of MITSUBISHI MOTORS THAILAND, a local production and sales company in Thailand. A ceremony to commemorate the line-off of the first local production OUTLANDER PHEV was held… Continue reading @Mitsubishi: MITSUBISHI MOTORS Starts First Overseas Production of OUTLANDER PHEV in Thailand